Category Archives: Crypto Daily

Op Ed: Why Millennials Migrate to Blockchain Technology and Cryptocurrency in Droves

Millennials welcome new industry dynamics, but they have their own motivations for supporting the ascendancy of open-source, decentralized blockchains, many of which are unique to trends common for their generation. Regardless of the reasons for their backing, millennials are indisputably crucial to the survival of blockchains. Now the largest population on Earth, millennials also enjoy more collective buying power than any other group, with $200 billion in discretionary income in 2017 expected to increase significantly this year. More so than their financial support of blockchain solutions, decentralized […]

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Cryptomining Malware Fuels Most Remote Code Execution Attacks: Study

Malware attacks continue to garner a great deal of attention in the tech world. Short for “malicious software,” its intent is to damage or disable computers and computer systems. Now researchers from the cyber security firm Imperva say they have found the source of 90 percent of remote code execution attacks in December 2017: cryptomining malware. In a blog post dated February 20, 2018, Imperva assesses the recent spike in cryptomining malware attacks. They specifically examine the amount of money the brazen attackers are walking away with, […]

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PR: Viola.AI Announces Worldwide Community-Choice Campaign for the Name, Look and Persona for the World’s Smartest Love Advisor

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The world’s first Blockchain & AI driven Marketplace for love, Viola.AI is the solution to the current dating and relationships challenges worldwide. She will be the first dating and relationship A.I. that evolves with the users to help them in the stages […]

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Las Vegas Strippers Accept Bitcoin via QR Tattoos

There has been a lot of talk recently about the missing representation of women in the male-dominated cryptocurrency ecosystem. While Las Vegas strippers are not the representation some hoped for, they are an example of how bitcoin can help working women control their financial affairs and avoid potential problems with prudish banks. Also Read: Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling Bitcoin Dancers A Las Vegas news show has featured a segment on an adult entertainment venue in the city which enables its […]

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Justice Dept Looks to Develop ‘Cryptocurrency Strategy’

Over the past few months, the U.S. government and its special agencies have been ramping up their efforts to try to regulate bitcoin and digital currencies. This week the Justice Department’s Deputy Attorney General Rod Rosenstein spoke about cryptocurrencies at the Financial Services Roundtable this Monday in Washington, DC. Also read: Sixth Grader Writes a 57-Page Book About Bitcoin The Justice Department’s Cybercrimes Task Force Will Develop a Cryptocurrency Focused Strategy According to multiple reports, the Justice Department is planning to launch a comprehensive strategy for cryptocurrencies. In […]

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Tezos Foundation Adds Four New Members, Paving Way for Platform Launch

Tezos Foundation, the Zug, Switzerland-based nonprofit that governs the now $1 billion worth of assets for Tezos, a blockchain project that has yet to launch, just added to its board four new members: Olaf Carlson-Wee, Pascal Cléré, Marylene Micheloud and Hubertus Thonhauser. In addition to the two new members announced last week, this brings the total number of people sitting on the foundation board to seven. “The four new board members bring a tremendous amount of experience and know-how into the foundation, both in terms of technology […]

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Op-Ed: The Potentially Fatal Flaw of Open-Source Blockchain Protocols

The most important question to ask any decentralized blockchain protocol is: “How do you protect your protocol from ‘incumbent’ companies?” While many emerging protocols promise disintermediated commercial interactions between people, it is critical that these protocols are weary of corporate giants with FOMO. After all, most decentralized protocols are open-source – copying their code is free and 100 percent legal. A Stark Ideological Juxtaposition There is a disconnect between the utopian ideologies of decentralized “Web 3.0” developers and the ideologies of those whose livelihood depends on traditional […]

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Another Thai Bank Shuts Down Accounts of Local Crypto Exchange

Another major Thai bank is reportedly terminating transactions involving cryptocurrencies through the bank accounts of a local crypto exchange. This decision follows a similar move by another major Thai bank, Bangkok Bank, to terminate the same exchange’s bank accounts. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Second Bank Closes Account of Crypto Exchange A major Thai financial institution, the state-owned Krungthai Bank, has “shut down crypto trade accounts,” the Bangkok Post reported on Monday. The bank has become the second in Thailand “to terminate transactions […]

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Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card

Bitwala has announced that it is launching a new banking service with real debit cards. Its application with the Federal Financial Supervisory Authority of Germany (Bafin) is pending. Once approved, customers’ funds will be guaranteed up to €100,000. The move follows the suspension of the company’s prepaid Visa cards. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bitwala’s New Banking Service Blockchain-based payment service provider Bitwala announced on Monday that it is building an online bank account service, “enabling a seamless transition between the crypto and fiat […]

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Chinese Entrepreneur Warns Against Mining and ICO Bans

Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of the challenges faced by cryptocurrencies are indicative of the typical “development process” experienced by emerging monetary forms. Also Read: Cryptocurrency Exchange Poloniex Has Been Bought by Circle Meiti Founder Argues Mining Could Comprise […]

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